Global STB market remains a "strong opportunity"

The worldwide digital set-top box market remains a "tremendous opportunity" for manufacturers and technology providers, despite the global recession dampening growth in 2009, according to a new report from In-Stat.

From 2001 to 2008, the overall digital set-top box market grew from 37mn units in 2001 to nearly 190mn units in 2008, according to the report. However, growth turned mixed in 2009, with cable set-top box shipments declining, while satellite, IP and digital terrestrial segments continued to see unit growth.

“Looking forward, the transition from standard-definition to high-definition set-top boxes will continue to provide STB vendors a solid growth opportunity,” said Mike Paxton, analyst at In-Stat. “The integration of Personal Video Recording (PVR) capability is also creating growth opportunities.”

Worldwide digital set-top box revenue reached US$ 18bn in 2008, according to In-Stat. IPTV set-top box shipments to telco operators are slowing down as IPTV subscriber growth matures and moderates, the report adds.